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Sequential Brands Group (NASDAQ:SQBG)‘s stock had its “buy” rating reaffirmed by Wunderlich in a research note issued on Monday. They currently have a $15.00 price objective on the stock. Wunderlich’s price objective would suggest a potential upside of 15.21% from the stock’s previous close.

A number of other analysts have also recently weighed in on SQBG. Analysts at Roth Capital raised their price target on shares of Sequential Brands Group from $10.00 to $16.00 in a research note on Friday, June 27th. Separately, analysts at Piper Jaffray raised their price target on shares of Sequential Brands Group to $15.00 in a research note on Thursday, June 26th. Finally, analysts at Canaccord Genuity raised their price target on shares of Sequential Brands Group from $11.00 to $19.00 in a research note on Thursday, June 26th. They now have a “buy” rating on the stock. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Sequential Brands Group currently has an average rating of “Buy” and a consensus price target of $16.00.

Shares of Sequential Brands Group (NASDAQ:SQBG) traded up 2.15% during mid-day trading on Monday, hitting $13.30. 26,018 shares of the company’s stock traded hands. Sequential Brands Group has a 52-week low of $5.00 and a 52-week high of $14.75. The stock has a 50-day moving average of $13.5 and a 200-day moving average of $9.54. The company has a market cap of $334.4 million and a price-to-earnings ratio of 103.33.

Sequential Brands Group (NASDAQ:SQBG) last announced its earnings results on Thursday, August 7th. The company reported $0.04 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.03 by $0.01. The company had revenue of $7.00 million for the quarter, compared to the consensus estimate of $5.93 million. The company’s quarterly revenue was up 61.1% on a year-over-year basis. On average, analysts predict that Sequential Brands Group will post $0.26 earnings per share for the current fiscal year.

Sequential Brands Group, Inc owns a portfolio of consumer brands, including Ellen Tracy, William Rast, Revo, Caribbean Joe, Heelys, DVS, The Franklin Mint and People’s Liberation.

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